Tag Archives: Affordable Care Act

How Prepared is Your Insurance Agency for an E&O Claim?

How PrepareHow Prepared is Your Insurance Agency for an E&O Claim?d is Your Insurance Agency for an E&O Claim?

Subhead: E&O Insurance Agency Claims Common

Individuals across the U.S. file 15 million civil cases each year and spend more money on civil litigation than any other industrialized country. Moreover, these costs are only continuing to increase. According to actuarial consulting firm, Towers Watson, the American civil liability system cost about $265 billion in 2010 in direct costs – …

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The Affordable Care Act’s Impact on Fiduciary Liability Insurance

The Affordable Care Act’s Impact on Fiduciary Liability InsuranceFiduciary Liability and ACA Compliance

As with other emerging litigation trends, the fiduciary liability landscape has become increasingly riskier today.  Allegations against fiduciaries and plan sponsors of employee benefits (medical, life, disability) involve inappropriate investment options, misrepresentation of the risks of employer securities, allowance of excessive fees and expenses charged to plans and failure to administer plans as per the plan terms. What’s more, the Affordable Care Act (ACA), or …

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